A Practical Guide for Making Strategic IT Investments & Creating a Value Roadmap More than ever organizations are compelled to demonstrate how IT cost effectively supports company objectives and priorities. Info-Tech’s Maximizing Your IT Investments program is a practical, step-by-step guide for making strategic IT investments & creating a Value Roadmap for your organization. The purpose of the IT Investment & Value Roadmap is to take all of the improvement opportunities, Applications, Technology and Organization, and: • Evaluate their relative importance based on business value and cost. • Determine interdependencies (e.g., need to develop a new skill-set before adopting a piece of technology). • Combine opportunities into projects. • Set milestones for completing projects over the planning horizon. • Estimate the impact of the investments required on the IT budget.
Initiative Description Template Introduction: How to Use This Tool Use the tables below to describe the most promising initiatives identified in the “Application Prioritization” and “Infrastructure Prioritization” templates. These tables will form the basis of your IT Strategic Plan. When listing strengths, weaknesses, benefits, and so on, focus mainly on those that demonstrate the greatest alignment with business goals. Initiative #1 has been filled in as an example. Ten tables are provided, but add or delete the number of initiatives as necessary. Modify or delete all information colored dark grey. Be sure to change all text to black before printing or sending. The following initiatives have been included in [insert company name]’s list of potential IT projects. Initiative #1 Description Name of Initiative: Deploy CRM Resources CRM software licenses for 500 users, dedicated server box, 2 FTEs Required: Time: Approximately 6 months to deploy server, database, and client GUI Costs: $80 - $100K USD (not including training) Alignment with Fully Aligned High Medium Low Non-Existent Business
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